Mumbai Realty

Mumbai's residential mkt may finally be in favour of buyers

The year 2012 saw absorption levels drop by more than 50 percent from their heydays in 2007, with three quarters worth of inventory lying unsold, indicating that developers may finally be open to negotiate on prices.

The slow but steady death of Nariman Point

Most buildings in Nariman Point are at least 30 years old and there is absolutely no new supply in the market. These buildings are obsolete for many tenants, especially the newer economy corporates and multinationals

BMC will cut gas, power to Campa Cola, but the battle is not yet over

Campa Cola residents now want part of the illegal construction regularised based on available FSI on the plot, thus reducing the area to be demolished drastically.

Campa Cola Day 3: Residents still defiant, won't let BMC officers in

Despite police complaint against them for obstructing government officials, Campa Cola residents stay defiant, looking for alternatives.

Campa Cola case: Punishing the victims and sparing the guilty

The Mumbai municipal authorities are trying to evict residents of the Campa Cola compound, some of whose floors were illegally constructed and ordered by the Supreme Court to be razed. But they are not the guilty parties in this scandal

For the Mumbai poor: Why Medha Patkar's perseverance might pay off

The depth of support for Medha Patkar is not just from the urban poor in slums. The diverse middle classes, increasingly finding that the state does not function for them, are turning to civil society groups.

The crooked timber of humanity: Mumbai's real estate market

Why is the Mumbai real estate market so unreal? With an unsold inventory of Rs 2.5 lakh crore, and prices still not falling? Every Mumbaikar's story is now bound around real estate dreams and nightmares

PIL seeks demolition of under-construction tallest building in Mumbai

Janhit Manch, the NGO, has filed a PIL alleging irregularities in the construction of `Palais Royale' in Worli, which would be the tallest building in the metropolis after completion.